Takeda Looks to Offset Revenue Losses with Bolt-On Acquisition of URL Pharma
Heather Cartwright
Abstract
Takeda Pharmaceutical has agreed to buy the US speciality pharmaceutical company URL Pharma for US$800 M upfront plus contingent earn-out payments based on future performance. With the acquisition, Takeda will add URL’s Colcrys® (colchicine), which reported net sales of more than US$430 M in 2011, to its gout therapy portfolio.
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